May 8, 2008 at 10:00 pm
#623905
Barkdust
Participant
A lot of your attitude depends on how long you plan to stay in a place. I don’t know which way the market is going. I buy lots of things that are going down in price because I need them or, at least, want them now. For example, home computers are getting better and cheaper every year but I’m not waiting for a “bottom.” We bought our house 20 years ago for around $150K. It’s probably worth 4x as much now. Maybe I could have held out for $145K, but it all seems sort of beside the point over the long haul. If you plan to live around here for a long time, it makes sense to buy in. It seems to me that more and more people will want to live around here.